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dell had no comment on the report. >> tom: still ahead, tonight's word on the street: facebook. the social network promises a mystery announcement tomorrow, how friendly could that be for shareholders? >> susie: stocks are up so far this year, but adam parker expects the markets will close flat for 2013. he's chief u.s. equity strategist at morgan stanley. so adam why so gloomy so, many strategists are much more positive than you are. what is your thinking? >> well, look, we have a more cautious earnings outlook than i think some of our peers. the macroeconomy is not that strong right now. and corporate earnings aren't growing that much. i think that is the root of our near-term caution. >> susie: on earnings also you're not so upbeat. are you looking for them to be flat-to-down 1%, again conscientious. up 11 percent. the distect-- disconnect? >> look, i'm pretty certain the conscientious estimates are too high this he have been too shy for a year now. we saw the worst quarter in the third quarter this cycle on the revenue side. and i think that will continue. i think the questi
dell had no comment on the report. >> tom: still ahead, tonight's word on the street: facebook. the social network promises a mystery announcement tomorrow, how friendly could that be for shareholders? >> susie: stocks are up so far this year, but adam parker expects the markets will close flat for 2013. he's chief u.s. equity strategist at morgan stanley. so adam why so gloomy so, many strategists are much more positive than you are. what is your thinking? >> well, look, we...
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Jan 26, 2013
01/13
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as for dell, analysts say the cash infusion could help its founder michael dell take the computer maker private and help shift the firm's focus. >> dell knows that personal computing is heading toward the tablet form. microsoft knows this as well. so this could be a very natural pairing for them. >> reporter: but a pairing could ruffle more feathers between microsoft and its other computer maker paners. still, analysts say even if microsoft decides against investing in dell, the software giant, which is now sitting on more than $68 billion in cash will have to spend some of that money soon. ruben ramirez, "n.b.r.," new york. >> susie: our market monitor tonight is bullish on the stock market and says there are many choices for investors to pick up cheap stocks. he's john rogers, founder and chief investment officer of ariel investments and its flagship ariel mutual fund has tripled in value since march 2009. john, this is the first time you are our market monitor, so welcome to "nightly business report." let me begin by asking you, here we've got the stock market at these new levels. wh
as for dell, analysts say the cash infusion could help its founder michael dell take the computer maker private and help shift the firm's focus. >> dell knows that personal computing is heading toward the tablet form. microsoft knows this as well. so this could be a very natural pairing for them. >> reporter: but a pairing could ruffle more feathers between microsoft and its other computer maker paners. still, analysts say even if microsoft decides against investing in dell, the...
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Jan 16, 2013
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one bright spot in technology was dell. the computer maker is talking with two private equity firms about going private. the stock built on yesterday's gains, adding another 7.2%, climbing to its highest price since mid-may. volume was huge, with more than 150 million shares trading. talk of a possible buyout comes as the stock is down 17% in the past year even with the rally of the past two days. concerns have been building about dell's traditional computer business under pressure by competition from smartphones and tablets. as a group, retail stocks were stronger thanks to the encouraging retail sales data from last month. the s&p retail exchange traded fund rallied 2.1%, closing over $64 per share for the first time since september. among the leaders, dollar general's 3.8% rally, big lot's 3.6% increase, and j.c. penney up 3.4%. these three are among the worst performing retail stocks over the past six months. two other specialty retailers in focus today. young adult apparel store exprs jumped 23.8% after the company rai
one bright spot in technology was dell. the computer maker is talking with two private equity firms about going private. the stock built on yesterday's gains, adding another 7.2%, climbing to its highest price since mid-may. volume was huge, with more than 150 million shares trading. talk of a possible buyout comes as the stock is down 17% in the past year even with the rally of the past two days. concerns have been building about dell's traditional computer business under pressure by...
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Jan 16, 2013
01/13
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one bright spot in technology was dell. the computer maker is talking with two private equity firms about going private. the stock built on yesterday's gains, adding another 7.2%, climbing to its highest price since mid-may. volume was huge, with more than 150 million shares trading. talk of a possible buyout comes as the stock is down 17% in the past year even with the rally of the past two days. concerns have been building about dell's traditional computer business under pressure by competition from smartphones and tablets. as a group, retail stocks were stronger thanks tohe courang retaisales data from st mon. the s&p retail exchange traded fund rallied 2.1%, closing over $64 per share for the first time since september. among the leaders, dollar general's 3.8% rally, big lot's 3.6% increase, and j.c. penney up 3.4%. these three are among the worst performing retail stocks over the past six months. two other specialty retailers in focus today. young adult apparel store express jumped 23.8% after the company raised its fi
one bright spot in technology was dell. the computer maker is talking with two private equity firms about going private. the stock built on yesterday's gains, adding another 7.2%, climbing to its highest price since mid-may. volume was huge, with more than 150 million shares trading. talk of a possible buyout comes as the stock is down 17% in the past year even with the rally of the past two days. concerns have been building about dell's traditional computer business under pressure by...
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Jan 29, 2013
01/13
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cheryl: dell. have to get at least a reaction because i talk to people they say the older book is absolutely superb. what would be happening if they took it and went private? continuing the paths not been publicly traded anymore. >> dell over the years has been a great partner in two ways. they bring up innovative products. the enterprise focus of the market, they have some really great devices. secondly they have been one of the most efficient supply line management companies in the history. i think again, the new investors assuming this happens will be interested in those same characteristics. being a really efficient producer, something that would continue. cheryl: let's hope. stacy smith, we appreciate you being here in a fox business exclusive. we will be right back. [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and th
cheryl: dell. have to get at least a reaction because i talk to people they say the older book is absolutely superb. what would be happening if they took it and went private? continuing the paths not been publicly traded anymore. >> dell over the years has been a great partner in two ways. they bring up innovative products. the enterprise focus of the market, they have some really great devices. secondly they have been one of the most efficient supply line management companies in the...
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Jan 15, 2013
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rumor has it dell is in talks to go private. what that could mean for the stock is right after the break. matt shapiro, president of mws capital, joins us, and as you know, the market went wild over this report that dell may be considering going private. what do you think about this? > > it's big news, and it tells you a lot about the state of the pc and semiconductor market, which is that it is tough to unlock that value. the fact that a company like dell would go private shows you that it is tough to make money, so it is something you need to consider when taking a look, for instance, at intel, or even more advanced micro devices. > reports say this is the second time dell has considered going private. what do you anticipate is likely to happen with the stock? we have already seen a big move that happened yesterday. > > i think it has potential to get to about $15. it's a sign of health in the market in a lot of ways that private equity can come in and do an acquisition like this. but realize, what they're going to do is load
rumor has it dell is in talks to go private. what that could mean for the stock is right after the break. matt shapiro, president of mws capital, joins us, and as you know, the market went wild over this report that dell may be considering going private. what do you think about this? > > it's big news, and it tells you a lot about the state of the pc and semiconductor market, which is that it is tough to unlock that value. the fact that a company like dell would go private shows you that...
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Jan 23, 2013
01/13
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, can have much more to say about what dell is doing and what dell would be building. also, they would have an interest in making sure dell is successful that goes beyond the partnership arrangement they have today. so, the partnership would strengthen at a time when a lot of companies are looking at exiting the pc business or going vertical, dell would be mostly a short-term, main partner of microsoft, and a stronger one at that. > who gets hurt by this? does it start to bite into apple's sales at all? > > potentially. i think the bigger risk is with microsoft's other partners. clearly, there are going to have to be assured that microsoft will firewall dell from the core microsoft, so that dell isn't mammothly advantaged. you know, lenovo, hewlett-packard, acer, those companies are going to want to be assured that this partnership won't put them at a disadvantage. but yeah, apple, which is another vertically integrated company, clearly would face a stronger partnership, the stronger microsoft-dell partnership, as a result of a successful engagement like this. what abo
, can have much more to say about what dell is doing and what dell would be building. also, they would have an interest in making sure dell is successful that goes beyond the partnership arrangement they have today. so, the partnership would strengthen at a time when a lot of companies are looking at exiting the pc business or going vertical, dell would be mostly a short-term, main partner of microsoft, and a stronger one at that. > who gets hurt by this? does it start to bite into apple's...
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Jan 16, 2013
01/13
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of course, such a big portion of dell corporation. back in 2010, he had considered may be making this thing private. liz: guess what i found on ebay. gina -- jean nate. 30-ounce fragrance. very retro fragrance. i used to think it was so neat. top dividend payers. here's a look at the but dashboard. we have a guest coming up and a you names and a fox business exclusive. we will find out why he is saying oh, canada. liz: a market check right now. the battle of the heads. the hedge fund battle. the stock is done now. it has been pretty volatile since the news broke that tenants before 3:00 p.m. eastern. charlie gasparino like you guys on this last week. he was all over saying that icon is entering into the fray. they reported that about an hour ago. adding another layer to the hedge fund morning. taking a position, carl icahn, he says that his state is about a billion calling herbalife if your mid-scheme. taking the other side of that trade, he went long. were you one of those people that got ranted at the end of the year due to the fisc
of course, such a big portion of dell corporation. back in 2010, he had considered may be making this thing private. liz: guess what i found on ebay. gina -- jean nate. 30-ounce fragrance. very retro fragrance. i used to think it was so neat. top dividend payers. here's a look at the but dashboard. we have a guest coming up and a you names and a fox business exclusive. we will find out why he is saying oh, canada. liz: a market check right now. the battle of the heads. the hedge fund battle....
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Jan 16, 2013
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>> buy dell or not to buy dell. that's the question. dell is almost precisely even. dell does go private i think it will be at roughly almost 15. they broke the news this afternoon that they would like to do a deal at 14 or 15. good luck. there is only so much cash flow to go around to continue to innovate if the deal was done. michael dell will not do a deal that could hurt the long-term fortunes of his company. because there isn't enough earnings for them to keep it up here. even though it is dell that has been the company. those fortunes have been spent to design systems that are loved by governments and nonprofits. and that is terrible clients right now. plus we know that the entire price that has been ruled by the cloud. it is funny when the stock was only at 11 i thought what an opportunity. but as it got closer to 13, if you owned it you need to sell it if it goes closer to 14 tomorrow. let's strategize about if the stock goes back to 10. at that price remember half of dell's business is global. it isn't including the possibility that we develop a tax regimen
>> buy dell or not to buy dell. that's the question. dell is almost precisely even. dell does go private i think it will be at roughly almost 15. they broke the news this afternoon that they would like to do a deal at 14 or 15. good luck. there is only so much cash flow to go around to continue to innovate if the deal was done. michael dell will not do a deal that could hurt the long-term fortunes of his company. because there isn't enough earnings for them to keep it up here. even though...
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Jan 15, 2013
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now dell might actually go private. ♪ hallelujah and it would make sense because half of dell's revenue comes from overseas. big companies with exposure to europe is doing terrifically. both have been kept back by worries. both ceos have said over and over, it's an issue. how about ford and general motors? have you seen these two? ford may have the best chart in the book. it's screaming. company doubled its dividend and getting european losses under control while china and latin america turned the corner. the darn stock has never looked back. shares in the open market to work its way out of its position, both ford and gm have been kept back by international headwinds and now there is tail winds. the most obvious difference between 2012 and 2013 is the banks. huge increase in the finances and no exposure to europe. now it's santander, the huge spanish bank, of all places. it's been on a roll. spain may not ask for a bailout. get this. jpmorgan just this morning put royal bank of scotland on its buy list. i thought those guys were turning by now. oh, and let's just make it clear that whil
now dell might actually go private. ♪ hallelujah and it would make sense because half of dell's revenue comes from overseas. big companies with exposure to europe is doing terrifically. both have been kept back by worries. both ceos have said over and over, it's an issue. how about ford and general motors? have you seen these two? ford may have the best chart in the book. it's screaming. company doubled its dividend and getting european losses under control while china and latin america...
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Jan 14, 2013
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if that happens, a dell levered up is not dell now. >> a dell levered up is a higher price earnings ratio and substantially higher price earnings growth to the average investors looking say being with look what we did, we were able to grow, using financial leverage maybe. an enormous amount of growth. >> good time for know have my dell juke box. >> right. i think michael dell is probably you know, obviously invested in the company both financially but also emotionally. and -- >> you're right. he is a good salesman. >> david, very quickly, i think you're still there. >> yes. >> a buy rating already. but do you recommend client sit on the said side lines with this deadline with dell. >> i would wait for more clarification out there. this is a typical reaction out of the market. we have been seeing dell an h h hewlett-packard on the upside. huge deal, one bloomberg reporter. all speculation right now. doesn't feel like a there is a tre mend oo tremendous amount of teeth on it. i will probably be on the side lines. >> what i should also say that hp, already higher today on upgrade and support
if that happens, a dell levered up is not dell now. >> a dell levered up is a higher price earnings ratio and substantially higher price earnings growth to the average investors looking say being with look what we did, we were able to grow, using financial leverage maybe. an enormous amount of growth. >> good time for know have my dell juke box. >> right. i think michael dell is probably you know, obviously invested in the company both financially but also emotionally. and --...
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Jan 15, 2013
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liz: on the flipside, dell continued to move higher. continuing buyout offers, once again the stock has been on the move. comparing to what it was in 2000, not even close. nicole: over 52 weeks, over 2000, that is a long time ago. it really has been a dog. of almost 20% on the buyout. david: facebook was so excited, the internal search. guess what, they also got news they lost about 1.5 billion subscribers and the stock is plunging. nicole: it went back and forth, broke down below $30. the news came out. liz: there go the bells on this tuesday as we take a look and see how stocks are faring up. dow jones industrials. at 3:00 p.m. eastern, suddenly we hit the highs of the session pointing to the upside. the nasdaq can't quite make it. apple represents 10% of the nasdaq 100. down two to 3% the last couple of minutes so we are watching that very closely. david: facebook not helping the nasdaq either. let's take a look at natural gas, if we could. actually doing quite well today, coming back again after a very serious drop for most of the y
liz: on the flipside, dell continued to move higher. continuing buyout offers, once again the stock has been on the move. comparing to what it was in 2000, not even close. nicole: over 52 weeks, over 2000, that is a long time ago. it really has been a dog. of almost 20% on the buyout. david: facebook was so excited, the internal search. guess what, they also got news they lost about 1.5 billion subscribers and the stock is plunging. nicole: it went back and forth, broke down below $30. the news...
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Jan 5, 2013
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hewlett and dell, because of their ongoing business model. when you have stocks like hewlett beaten like they were, a lot of times you'll see them bounce hard and far off the bottom. so we saw a lot of call buy income hewlett this week. as a result of that, peek are speculating it's a leveraged upside bet. >> going to carter again just to get a view on where technology is. what do you see in the charts there? >> the issue with technology because it's burdened by its largest cap components. microsoft, intel. the roadblock problem with the sector, its biggest components act poorly, two, still the biggest waiting in the s&p. it's 18.5%, too much money in that area. >> carter makes a great point on apple, still remains beleaguered. you made a point with the rotation coming out of apple. when it was declining from its all-time high in september, people were saying -- it's 2013 now and it's still not back. >> step in and buy it at $180 discount to where it was. i think people were worried as far as products were concerned 37 make makes a great poin
hewlett and dell, because of their ongoing business model. when you have stocks like hewlett beaten like they were, a lot of times you'll see them bounce hard and far off the bottom. so we saw a lot of call buy income hewlett this week. as a result of that, peek are speculating it's a leveraged upside bet. >> going to carter again just to get a view on where technology is. what do you see in the charts there? >> the issue with technology because it's burdened by its largest cap...
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Jan 15, 2013
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dell's rally on talks offset a slump in apple. your bloomberg silicon valley index closed low yes, apple, google and ebay were some of the drags there. a source tells bloomberg west twitter is in no rush to go public but is staying on top of the market. the source tells us that twitter has plenty of cash and that an ipo would depend on market conditions and other factors, so far no, bankers have been hired. the news as twitter board gets ready to meet in a couple weeks. at bloomberg studios in san francisco, i'm emily chang. larry, carolyn, back to you. >> thank you. >> general motors proving everything is old is new again, rolling out it's new chevy or corvette sting ray. the name has in the been used on a new vet since 1976. gm says this is the most powerful and fuel efficient corvette ever made. can go from zero to 60 in under four seconds, gm claims it's the most fuel efficient exceed yeeding 26 miles per gallon. the new sting ray goes on sale later this year. >> looks fun. >> it does. >> nice looking car is what i'm thinking.
dell's rally on talks offset a slump in apple. your bloomberg silicon valley index closed low yes, apple, google and ebay were some of the drags there. a source tells bloomberg west twitter is in no rush to go public but is staying on top of the market. the source tells us that twitter has plenty of cash and that an ipo would depend on market conditions and other factors, so far no, bankers have been hired. the news as twitter board gets ready to meet in a couple weeks. at bloomberg studios in...
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Jan 14, 2013
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dan, what's your take on this dell story? >> i mean, i think it's something that's been talked about for awhile. you can go back to actually 2010 in june and michael was at a conference and somebody asked him do you ever think about taking your company private? and the answer was yes. there's been this talk for a long time. was one of the ten worst performing stocks in the s&p last year. it was one of the top ten cheapest though. if you're looking at it from that perspective, the timing seems to make sense. >> so let me ask you, shaw, what you think. how would shareholders work out in this deal? >> well, you know, i agree with dan that this rumor's been going around for awhile. but i think the biggest problem is that the size of dell. you look at the stock today. it's -- the market cap's now $21 billion. so in the takeout, it would have to be a premium to that. possibly $30 billion. that's a lot of capital to raise. a lot of debt financing. so we think because of the size of this deal the likelihood of it happening is not lik
dan, what's your take on this dell story? >> i mean, i think it's something that's been talked about for awhile. you can go back to actually 2010 in june and michael was at a conference and somebody asked him do you ever think about taking your company private? and the answer was yes. there's been this talk for a long time. was one of the ten worst performing stocks in the s&p last year. it was one of the top ten cheapest though. if you're looking at it from that perspective, the...
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Jan 22, 2013
01/13
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we do know since that time that dell has gone out and hired evercorp. partners to, basically, converse other potential bids to prove to shareholders that there's no other bids out there, so maybe you should take this thing even at the small premium that it remits or relatively small premium. so there's a lot going on here, but if you look at the price action on the bonds, we're talking about these are the five and seven-eighths of 2019, you know, the prices have definitely gone down dramatically, and that, to me, my friends, means that bond investors who are generally smarter than stock investors, okay? they trade less off the headlines -- now, maybe this is the microsoft. there's news that microsoft may be wanting to throw some money in here, we'll see. i don't think that should matter that much. you know, and maybe they're trading off of that. but i'll tell you, bond investors are basically much more long term. so here's the thing. i don't tell you what to do. if you want to put your money on a short-term play on the air, i can just tell you my source
we do know since that time that dell has gone out and hired evercorp. partners to, basically, converse other potential bids to prove to shareholders that there's no other bids out there, so maybe you should take this thing even at the small premium that it remits or relatively small premium. so there's a lot going on here, but if you look at the price action on the bonds, we're talking about these are the five and seven-eighths of 2019, you know, the prices have definitely gone down...
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Jan 31, 2013
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>> dell? >> dell. good balance sheet. good cash flow. >> let's be clear for our audience. he is not saying these are great quality, unconfusing, somebody with a basic accounting background could look at income statement, look at balance sheet and understand it. it is not 180 pages long. >> i think there is a potential flaw. and it won't tell fut business model is flawed. remember, you can have companies that are looking great in the cash flow rb everything. no. may not have a business model that zpt quite get there. stock pickers are doing much better when they look at this these days. about time somebody did something like this. spot lights something that needs to be -- >> i'll tell you what i need to do. january 13, 2013, a day living in herbphemy. >>> quick check, metal movers today. you are alt trading in silver and red. still up four the year. single bet asset class and it had volume behind it last year. > >>>. >> manned a tauk /* /- [ engine revving ] ♪ [ male announcer ] every car we
>> dell? >> dell. good balance sheet. good cash flow. >> let's be clear for our audience. he is not saying these are great quality, unconfusing, somebody with a basic accounting background could look at income statement, look at balance sheet and understand it. it is not 180 pages long. >> i think there is a potential flaw. and it won't tell fut business model is flawed. remember, you can have companies that are looking great in the cash flow rb everything. no. may not...
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Jan 16, 2013
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a new report says a deal to take dell private could be revealed in a couple of weeks. the price could range between $13.50 and $14 per share. customer service agents at american airlines rejected a union's offer to represent them. the bid fell short by just 150 votes out of nearly 6,000 workers. andrew keene, president of keeneonthemarket.com, joins us now for a closer look at the trading day. good to have you on the show. and andrew, we have to talk about apple. the bigger they are ... > > ... the harder they fall. > and that is what's happening. how far down will this stock go? you know this stock backwards and forwards. > > i have a level here at $443.68, which is a gap level from a decade ago - not really a decade ago, but about a year ago. i have been talking about apple. there are only two ways i trade apple: i am either flat it, which means i am neither long nor short, or i am short it. i actually didn't participate in the move under $500, but i have been usually playing apple to the short side. if you look, every single stock is hitting a 52-week high. we will
a new report says a deal to take dell private could be revealed in a couple of weeks. the price could range between $13.50 and $14 per share. customer service agents at american airlines rejected a union's offer to represent them. the bid fell short by just 150 votes out of nearly 6,000 workers. andrew keene, president of keeneonthemarket.com, joins us now for a closer look at the trading day. good to have you on the show. and andrew, we have to talk about apple. the bigger they are ... >...
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Jan 15, 2013
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that's why dell is jumping. by the way, michael dell talked about going private back in 2010 so it's become on the table again, and that's what is causing dow to soar. i want to take a look though at hp. that is a dow component, and, obviously, a big competitor of the dell. here it is today. right now, down 2.5% for this dow component. coming under pressure while in the meantime we're watching dell soar. back to you. liz: thank you very much. disney interactive counting on monsters and pirates for a big push in the very long struggle to really win in the video game business. dennis kneale has a big anowdgesment today. dennis? >> yes, $3.5 billion, how much they spent on losses and acquisitions in the last decade to be a power player in video games. $75, that's a high price for the starter pack that lets you plunge into a new disney world online. the mouse house unvailed disney infinity, a new game platform that will, for the first time, let players mash together characters and create new worlds to hang out toget
that's why dell is jumping. by the way, michael dell talked about going private back in 2010 so it's become on the table again, and that's what is causing dow to soar. i want to take a look though at hp. that is a dow component, and, obviously, a big competitor of the dell. here it is today. right now, down 2.5% for this dow component. coming under pressure while in the meantime we're watching dell soar. back to you. liz: thank you very much. disney interactive counting on monsters and pirates...
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Jan 6, 2013
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mike makes a great point over hp and dell. those are hated and probably overhated and just gotten debt camp -- >> carter made this in the break. with stocks like apple disconnecting from the market, that's a bullish sign. the fever's broken there, let the market trade on its own right now. >> thanks to carter braxton of oppenheimer. reminders, if you want updates on trades, follow us on twitter and cnbc options. and dan posts his trades on twitter. if you're on facebook, stay posted on the trades throughout the week at facebook.com/options action. coming up next, the final call in a shocking video that you will not want to miss. >> what's your best option? following us on twitter. get trade updates, breaking news and analysis. see what we see in realtime. follow us on twitter at cnbc options. get more options action with our newsletter. delivered directly to your inbox. packed with exclusive information and analysis, this is the extra edge you need. it's free when you register, or visit the member center at cnbc.com. ♪ [ cow
mike makes a great point over hp and dell. those are hated and probably overhated and just gotten debt camp -- >> carter made this in the break. with stocks like apple disconnecting from the market, that's a bullish sign. the fever's broken there, let the market trade on its own right now. >> thanks to carter braxton of oppenheimer. reminders, if you want updates on trades, follow us on twitter and cnbc options. and dan posts his trades on twitter. if you're on facebook, stay posted...
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Jan 15, 2013
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i want to talk to you about dell going private. could this be a new trend? >> you have a stock that has gone from 40 down to 10. earnings and sales going down, pc business heading south. they just haven't been quick enough to be a cloud over her. at this point in time, mike is a happy guy, it's better off being out of the market and being the stock market at this point in time. it is probably a decent move. but right now the stock is what i called it in water. gerri: he's going to make a lot of money on us. >> i do believe that the deal gets done it won't be heading north or south. so i think that maybe 15 or 16 books of the most. >> radioshack is down today. what's going on there? you like the stock? >> no. sometimes all you have to do is look at stock price. that is what the market thinks. the competition is huge. circuit city went out a few years ago. fighters are now we will look back. the news today is the target deal where they were running the target mobile. the bigger story is dell's growth is stagnant and i think that's a big problem. gerri: thank y
i want to talk to you about dell going private. could this be a new trend? >> you have a stock that has gone from 40 down to 10. earnings and sales going down, pc business heading south. they just haven't been quick enough to be a cloud over her. at this point in time, mike is a happy guy, it's better off being out of the market and being the stock market at this point in time. it is probably a decent move. but right now the stock is what i called it in water. gerri: he's going to make a...
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Jan 14, 2013
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is dell being boughtout? john? >> a report today said several banks have been contacted on the possibility of taking dell private. that accepted the stock up more than 11% with a market cap just shy of $20 billion. this would be an enormous deal. the underlying issue here, the pc ecosystem. dell was the poster child for the pc in the '90s. pc sales down in q3. and down again about 5% in q4. dell pcs were half of revenue last quarter. both laptops and desktops are shrinking. here's the difficulty. servers, networking, and services are the growth areas for dell along with dell's business selling its own storage technology. the company is trying to swing from being a low cost seller of commodity hardware into being a little bit more like ibm today. meanwhile the decline in public sector spending has already hit the company at the same time. mike o'dell had considered taking the company private. he never closed the door on that. but dell itself is saying no comment on this report today. i'm hearing from their side of t
is dell being boughtout? john? >> a report today said several banks have been contacted on the possibility of taking dell private. that accepted the stock up more than 11% with a market cap just shy of $20 billion. this would be an enormous deal. the underlying issue here, the pc ecosystem. dell was the poster child for the pc in the '90s. pc sales down in q3. and down again about 5% in q4. dell pcs were half of revenue last quarter. both laptops and desktops are shrinking. here's the...
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Jan 24, 2013
01/13
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like the old dell. you have the suppliers financing the business, don't have the big off balance sheet hanging out there. the bottom line, he said, look, if you have revenue growing, below the cost of capital, bottom line, ain't good. now, the wall street, have i seen the stories so many times before? i got the tracks on my back to prove it. yes. but as i tweeted out this morning, this company right now with what is going on cannot afford any more quickster bound blunders, not even a mishap. >> who can? >> amazon has been able to. amazon has been able to. amazon is one of those companies that people look out -- they can give you every metric of why this company shouldn't be priced where it is. >> maybe they had this one wrong. maybe reed gets the last laugh. >> maybe it is difficult to call tops and bottoms in stocks. you may be right ultimately, but as long as momentum is there -- >> you're talking about a stock. >> exactly. that's what we do, invest in stocks. >> you're talking about stocks. stocks ar
like the old dell. you have the suppliers financing the business, don't have the big off balance sheet hanging out there. the bottom line, he said, look, if you have revenue growing, below the cost of capital, bottom line, ain't good. now, the wall street, have i seen the stories so many times before? i got the tracks on my back to prove it. yes. but as i tweeted out this morning, this company right now with what is going on cannot afford any more quickster bound blunders, not even a mishap....
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Jan 15, 2013
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i think dell -- what dell needs to do is it needs to execute well and continue with the current strategy and ultimately hope that earnings improve and they will be rewarded in the marketplace. >> toni, thanks for the knowledge. this is a good conversation. thanks for being on the show. >> my pleasure. >>> virtual dr. j, what's going to happen? >> keep in mind that hewlett-packard paid $11 billion for aton what was autonomy? this is not an overly large lbo. i disagree completely. if you can round up $11 billion in cash over to huewlett. >> coming up on "halftime," less than an hour away from facebook's big announcement. the stock rallies high at 63% in three months. if you think stocks are in the best to gain, you may want to think about. that guy right there, greg peters of morgan stanley, is going to tell you what you should be betting on instead of the u.s. when "halftime comes right back. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your b
i think dell -- what dell needs to do is it needs to execute well and continue with the current strategy and ultimately hope that earnings improve and they will be rewarded in the marketplace. >> toni, thanks for the knowledge. this is a good conversation. thanks for being on the show. >> my pleasure. >>> virtual dr. j, what's going to happen? >> keep in mind that hewlett-packard paid $11 billion for aton what was autonomy? this is not an overly large lbo. i disagree...
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♪ whatever your business challenge, dell has the technology and services to help you lve it. melissa: that was a good one. your new year's resolution is to get the bid bought -- big box from a huge raised a lot more promotion. this is for you. the strategic mastermind behind your favorite including these. my agent is here with the bible on how to get it done. super agent wrote the book. your killer emotions. there it is. he joins me now to share some of this amazing advice. >> it's a pleasure to be here. melissa: what did you read this book? >> the last 30 years i have cancelled thousands of people to make a great life choices. e thing i found is that when people are sad, when angry, when they feel this respected, when they are resentful, their emotions cloud their best judgment and then make self seven dozen decisions. i have seen time and time again that this modest individuals, the people with the best life strategies, when they are overwhelmed by emotions, once again, they ardestructive. melissa: so true because people fe slighted, angry, want to lash out at the boss or s
♪ whatever your business challenge, dell has the technology and services to help you lve it. melissa: that was a good one. your new year's resolution is to get the bid bought -- big box from a huge raised a lot more promotion. this is for you. the strategic mastermind behind your favorite including these. my agent is here with the bible on how to get it done. super agent wrote the book. your killer emotions. there it is. he joins me now to share some of this amazing advice. >> it's a...
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Jan 26, 2013
01/13
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as for dell, analysts say the cash infusion could help its founder michael dell take the computer maker private and help shift the firm's focus. >> dell knows that personal computing is heading toward the tablet form. microsoft knows this as well. so this could be a very natural pairing for them. >> reporter: but a pairing could ruffle more feathers between microsoft and its other computer maker partners. still, analysts say even if microsoft decides against investing in dell, the software giant, which is now sitting on more than $68 billion in cash will have to spend some of that money soon. ruben ramirez, "n.b.r.," new york. >> susie: our market monitor tonight is bullish on the stock market and says there are many choices for investors to pick up cheap stocks. he's john rogers, founder and chief investment officer of ariel investments and its flagship ariel mutual fund has tripled in value since march 2009. john, this is the first time you are our market monitor, so welcome to "nightly business report." let me begin by asking you here we've got the stock market at these new levels. w
as for dell, analysts say the cash infusion could help its founder michael dell take the computer maker private and help shift the firm's focus. >> dell knows that personal computing is heading toward the tablet form. microsoft knows this as well. so this could be a very natural pairing for them. >> reporter: but a pairing could ruffle more feathers between microsoft and its other computer maker partners. still, analysts say even if microsoft decides against investing in dell, the...
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Jan 25, 2013
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♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location.
♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade....
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Jan 22, 2013
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♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ gerri: well, yesterday i talked about all for phil mickelson and his comments, he needed to make drastic changes in his life because of higher taxes. he is facing in the 13 percent income tax on millionaires in california and an increase in its federal tax rate to 39%. now, you would have thought somebody shot bambi. forbes been a business and cider and other sticking issue with all its most popular player because he dared to complain publicly about tax rates. move over. the you like those pictures? it's great to see him. i say leave him alone. look, even highly popular athletes have freedom of speech. you don't have to go too far to find sports figures that say things more ridiculous. new york jets player antonio, marty. he could not even name all ten of his kids, for goodness sake. or baseball player alex rodriguez to said therapy can be therapeutic. right. the last time i looked all americans have freedom of speech, not just occupy wall street protesters. what's more, there may well be a
♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ gerri: well, yesterday i talked about all for phil mickelson and his comments, he needed to make drastic changes in his life because of higher taxes. he is facing in the 13 percent income tax on millionaires in california and an increase in its federal tax rate to 39%. now, you would have thought somebody shot bambi. forbes been a business and cider and other sticking issue with all its most...
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Jan 26, 2013
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♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. gerri: welcome back. the president's secretary of state nominee has a lot to worry about. north korea is threatening the united states. iran is heating up its nuclear program. john kerry is also concerned about the weather getting warmer. >> american foreign policy is also defined by food security, energy security, humanitarian assistance. it is define by leadership on life threatening issues like clima
♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that...
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Jan 14, 2013
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i have to ask you a little bit about dell because you also look at dell. what do you think about the move? will it become a private company again and will it thrive as a private company if that happens? >> speculation comes on and off all the time. every few months a couple of times a year we hear dell is considering going private. then they say no, we're not doing it. i don't know know where things are currently. clearly there is a lot of news and speculation in the media. but, one thing to keep in mind, mathematically if either transaction can work, they can make it work based on strong cash flows, strong free cash flows and cheap financing options. but strategically it will make transition even harder. right now they can buy a couple billion dollars, spend a couple billion dollars of on a software acquisition. if the company is fully levered they will not have cash flow needed to make the strategic acquisitions to drum up the business. strategically they lose out on that. we think a this is less likely but there is enough to move the smoke. >> enough to
i have to ask you a little bit about dell because you also look at dell. what do you think about the move? will it become a private company again and will it thrive as a private company if that happens? >> speculation comes on and off all the time. every few months a couple of times a year we hear dell is considering going private. then they say no, we're not doing it. i don't know know where things are currently. clearly there is a lot of news and speculation in the media. but, one thing...
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Jan 14, 2013
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another company, that is dell. and you have a hold on dell. but the news crossed the report, they're looking to go private. could be a good thing for the company, but what does this mean for shareholders? >> it means a higher price. the guess would be somewhere around $15 for private equity would need to bid to take this private. it is big news if true. probably some truth to it but getting a deal done in the fine print is very difficult. ask best buy and the former founder. pulling together a deal can be very challenging. cheryl: can dell make headwinds against hewlett-packard? the biggest problem has been hewlett-packard. where does that stand in your opinion? speak out if i were dell, with almost 60 pc businesses, with focus on the server-side, services side and i would say look, have the strongest s&p business in the world, i will monetize that and look for the cash flow there. i would dismiss the pc side of dell. cheryl: great to have you on the show especially on a day like today with so much news coming out of your particular sector. th
another company, that is dell. and you have a hold on dell. but the news crossed the report, they're looking to go private. could be a good thing for the company, but what does this mean for shareholders? >> it means a higher price. the guess would be somewhere around $15 for private equity would need to bid to take this private. it is big news if true. probably some truth to it but getting a deal done in the fine print is very difficult. ask best buy and the former founder. pulling...
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Jan 15, 2013
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michael dell will have to kick in his 15%. he started this company and his college rowing. people stated that he cannot do it but he did. but the old and desktops are not just as effective as they used to be. dell does get 50% of their revenue in foreign markets. >> mike zuckerberg irk this his moment to become steve jobs. what is it going to be? >> we don't know if this point to be a phone or not. this is very intriguing. the only time that we have seen marked zuckerberg irk was when his company was humiliated. ever since then he has been met. i do not mean that in a better way peppery epo >> the time is now 6:48 a.m.. it will not get a look at the weather. >> is cold and it is frosty in certain spots. as we look at the numbers currently is 28 degrees for santa rosa. novato is up to upper 20s. we do have a freeze on one morning and frost advisory. if you should protect your crops. the cold temperatures are in the protected valley's. the winter weather advisories will expire at 9:00 a.m.. there will be patchy frost but we will have on a warmer afternoon. >> it will be dry a
michael dell will have to kick in his 15%. he started this company and his college rowing. people stated that he cannot do it but he did. but the old and desktops are not just as effective as they used to be. dell does get 50% of their revenue in foreign markets. >> mike zuckerberg irk this his moment to become steve jobs. what is it going to be? >> we don't know if this point to be a phone or not. this is very intriguing. the only time that we have seen marked zuckerberg irk was...
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Jan 16, 2013
01/13
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♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. gerri: there is definitely a debt ceiling looming looming over boston. is there looming over boston. is there a fight looming in the republican party? will they hold line on spending cuts? with one this senator mike of utah. thank you for coming on the show tonight. let's start with something that senator mitch mcconnell had to say on this topic. the president has said that this is no time to talk about cuts. mitch mcconnell said over the past three decades, u.s. presidents and lawmakers from both parties have routinely use the debt limit debate to reform government spending. the president may not want to cut spending as part of the upcoming debt limit debate but it show
♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. gerri: there is definitely a debt ceiling looming looming over boston. is there...
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Jan 10, 2013
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♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> the incredible story around herbalife keeps on giving. >> one day after hedge fund managers dan loeb says he is long the stock, we also find out that carl is long the stock. we haven't seen a fight like this in a long time. >> no, this is a great one. i have to tell you something, once today you had the company coming out in the morning analyst presentation, and coming to basically saying to everyone, this is a very slick presentation, their bot oom line, we are a legitimate business. and look, they have to start running commercials. all sorts of things you wouldn't expect from a multilevel marketing company. they know they have to do a bet ever job communicating things. then outcomes bill ackman with a statement of his own saying what they presented was distorted, manipulated. he will have his own set of questions on the internet. >> and i have been watching herbalife stock over the course of the day, right? i was watching herbalife shares up over 2%. then the exclusive interview
♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> the incredible story around herbalife keeps on giving. >> one day after hedge fund managers dan loeb says he is long the stock, we also find out that carl is long the stock. we haven't seen a fight like this in a long time. >> no, this is a great one. i have to tell you something, once today you had the company coming out in the morning analyst presentation, and coming to...
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Jan 23, 2013
01/13
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♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> apple shares now down 10%. in fact, they have lost about one-third since hitting their highs back in september. let's go out to john fort with the latest from the conference call. john. >> melissa, interesting color first of all on i max, tim cook saying if we had been able to build enough to meet demand based on the product changeover and if the quarter had been as long as it was a year ago we would have beaten the mac number. he in effect said that. also said question the accuracy of any rumor about our build plans, even if you get one individual supplier, giving you some data point, that doesn't give you the full view on what we actually planned to do. we tweaked things for suppliers all the time for all kinds of reasons. he also mentions that the mix of iphone 5s to total iphones is about what you would expect historically. the same as the mix between iphone4s and total iphone. he did mention the iphone 4 was supply constrained throughout the quarter. he said the same about the ipad min
♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> apple shares now down 10%. in fact, they have lost about one-third since hitting their highs back in september. let's go out to john fort with the latest from the conference call. john. >> melissa, interesting color first of all on i max, tim cook saying if we had been able to build enough to meet demand based on the product changeover and if the quarter had been as long as it was...
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Jan 15, 2013
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dell at the highs of the day, monster volume today on dell, bill. over 131 million shares. that's well over four times the average daily volume over the last ten days and it's spiked in volume with all the speculation. >> and a tremendous amount of skepticism that they would even be able to figure out a leveraged buyout. >> shares of a seven and a half month high. >> all right, bertha. thank you very much. as we head towards the close here, we've got the dow up 32 points at highs of the session. is the stock market set up for a fall though with fitch warning on america's credit rating due to the debt ceiling fight? our market pros will weigh in on that, plus other things coming up. and also ahead, a million jobs, that's what our failing infrastructure might cost the new according to a new report coming out and we'll hear why that's exhibit "a" in the case for why we need even higher taxes to pay for road and bridge improvements. stay tuned. more "closing bell" coming your way. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2
dell at the highs of the day, monster volume today on dell, bill. over 131 million shares. that's well over four times the average daily volume over the last ten days and it's spiked in volume with all the speculation. >> and a tremendous amount of skepticism that they would even be able to figure out a leveraged buyout. >> shares of a seven and a half month high. >> all right, bertha. thank you very much. as we head towards the close here, we've got the dow up 32 points at...
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Jan 22, 2013
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dell shares sharply higher today. after david faber broke the news that microsoft is now in talks to help finance that buyout of dell. david joins us now with more details. they are getting a party together, aren't they? >> yes, they may very well indeed do that. there are still talks, bill. it's not a done deal, that is, until the terms of the lbl itself or microsoft's investor. we reported microsoft is cont contemplating between a $1 billion and $3 billion investment. not in exyou but considered a mezzanine financing similar between debt and equity having the name of a preferred, unclear whether it's ever convertible into a equity stake, but people might understand why microsoft would at least have interest. of course, it has $66 billion worth of cash. much of that is overseas and there might be a possibility using the overseas cash without paying significant penalties on the use of it. of course, it has an interest in one of its biggest customers continuing to do well. all of this, of course, would add to the overa
dell shares sharply higher today. after david faber broke the news that microsoft is now in talks to help finance that buyout of dell. david joins us now with more details. they are getting a party together, aren't they? >> yes, they may very well indeed do that. there are still talks, bill. it's not a done deal, that is, until the terms of the lbl itself or microsoft's investor. we reported microsoft is cont contemplating between a $1 billion and $3 billion investment. not in exyou but...
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and this is a dell. >> so and it is just specialty glass. >> they're capable. they're touch-enabled. i think what you're going to see a lot of different form factors. the dell for example, you can use this either as a pc or a slate. >> or as slate you can pull that up. you've got the glass contract for that? >> correct. >> i would imagine that is huge? >> correct. the issue with notebooks. you tend to pick them up like this you need strong glass also. a little demo. you always want to break glass. i will let you do that this year. >> i'm obnoxious. i like to do this stuff. >> safety glasses. >> okay. we mocked this up to look like a notebook. >> okay. >> and obviously do this for you, but if you flex it, broke very easily. >> put this here so. just flex it and -- >> it broke. >> right there. i did it. see? >> okay. >> i've seen this on many teenagers phones, okay? >> so you get, what you have on this is very weak edge. you can hear me crack it by pressing with my finger. let you step on that. >> i will just. >> you can see that. now, -- >> not gorilla glass. >>
and this is a dell. >> so and it is just specialty glass. >> they're capable. they're touch-enabled. i think what you're going to see a lot of different form factors. the dell for example, you can use this either as a pc or a slate. >> or as slate you can pull that up. you've got the glass contract for that? >> correct. >> i would imagine that is huge? >> correct. the issue with notebooks. you tend to pick them up like this you need strong glass also. a...
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Jan 14, 2013
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and shares of dell soared 13%. the pc maker in talks of a possible buyout. now to our top story ready to dig into your wallet. you may be hit with a 50% jump in your health care premiums thanks to obamacare. a recent report shows premiums will skyrocket 54% on average. within five years there are already about $3000 higher than they were four years ago. here with the prognosis and how this will hit home and the economy is the money panel. welcome to all three of you. thank you for joining us. i thought this was pretty shocking because they dug in and said if you take a look at this a lot of spots going up by more than 50%. a lot of people saying the paycheck is smaller because the health care premiums have gone up so much. why is this happening so quickly? >> a couple of reasons, one is insurers will be faced with this whole idea of community-based guaranteed issue, so ahead of the storm they're going to have to raise premiums in terms of making up for the lost revenue, that is a big component of that. the second component is the dynamics of obamacare has se
and shares of dell soared 13%. the pc maker in talks of a possible buyout. now to our top story ready to dig into your wallet. you may be hit with a 50% jump in your health care premiums thanks to obamacare. a recent report shows premiums will skyrocket 54% on average. within five years there are already about $3000 higher than they were four years ago. here with the prognosis and how this will hit home and the economy is the money panel. welcome to all three of you. thank you for joining us. i...